About Quadratic Deflation ETF (BNDD)

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that seeks to provide investors with a way to profit from deflationary environments. The fund is designed to track the performance of the Quadratic Deflation Index, which is a rules-based index that aims to capture the potential upside of deflation. BNDD does this by investing in US Treasury bonds, which are typically considered a safe haven investment during periods of deflation. By holding these bonds, the fund aims to provide investors with a hedge against the risks of inflation and the potential for capital appreciation in deflationary environments.

BNDD has a price history that dates back to its inception in 2020. Since then, the fund's price has shown relatively stable performance, with minimal volatility compared to other equity and fixed income investments. This stability is due to the nature of the fund's strategy, which is focused on generating positive returns during periods of deflation. As a result, BNDD's price has generally moved in line with the overall market's expectations of deflationary conditions.